Curbline Properties Corp
For the period ended Dec 31, 2024. Filed Feb 21, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 21, 2025
CURB$29.36-1.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets at December 31, 2024 and 2023
CONSOLIDATED BALANCE SHEETS
(In thousands, except share amounts)
| December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Assets | ||
| Land | $490,563 | $316,212 |
| Buildings | 841,912 | 622,414 |
| Fixtures and tenant improvements | 80,636 | 58,676 |
| 1,413,111 | 997,302 | |
| Less: Accumulated depreciation | (165,350) | (136,168) |
| 1,247,761 | 861,134 | |
| Construction in progress and land | 14,456 | 13,504 |
| Total real estate assets, net | 1,262,217 | 874,638 |
| Cash and cash equivalents | 626,409 | 566 |
| Restricted cash | — | 155 |
| Accounts receivable, net | 15,887 | 11,528 |
| Amounts receivable from SITE Centers | 33,762 | — |
| Intangible assets, net | 82,670 | 34,330 |
| Other assets | 12,153 | 415 |
| $2,033,098 | $921,632 | |
| Liabilities and Equity | ||
| Mortgage indebtedness, net | $— | $25,758 |
| Below-market leases, net | 40,149 | 21,243 |
| Dividends payable | 26,674 | — |
| Accounts payable and other liabilities | 23,718 | 11,993 |
| Total liabilities | 90,541 | 58,994 |
| Commitments and contingencies (Note 7) | ||
| Equity | ||
| Preferred Stock, par value $0.01 per share; 100,000,000 authorized; 0 shares outstanding | — | — |
| Common Stock, par value $0.01 per share; 400,000,000 shares authorized; 105,043,781 shares outstanding at December 31, 2024 | 1,050 | — |
| Additional paid-in-capital | 1,954,548 | — |
| Accumulated distributions in excess of net income | (15,021) | — |
| Net parent investment | — | 862,638 |
| Accumulated other comprehensive income | 1,207 | — |
| Total stockholders’ equity | 1,941,784 | 862,638 |
| Non-controlling interests | 773 | — |
| Total equity | 1,942,557 | 862,638 |
| $2,033,098 | $921,632 | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.